Thursday , April 25 2024
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Market turned the corner. Headed higher.

Summary:
We're past the liquidity drain period. Flows are positive. Market headed higher. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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We're past the liquidity drain period. Flows are positive. Market headed higher.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.pitbulleconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

18 comments

  1. Here we go again

    • well the data looks good, I bought the dip, doing good. Sold oil, when mike mentioned it. Profited good.

  2. Looks like a selling opportunity too me

    • Market CrystalBall

      Naw this is definitely a buy the dip for bullish stocks, banking, AI, 3D printing, Solar energy

    • @Market CrystalBall to me it looks like we entered a bear market last November on the stock market. One of the largest sell offs in history Mike missed it. I will buy back carefully just take a stock like Netflix was over $400 back then now $180 that is terrible. You have to remember the market is very emotional. I like the market it is the only place where you can hope to make 9% to beat inflation

  3. Mike predicted oil prices would drop on the first day of Russia invading Ukraine – "Buy the rumor sell the news"

  4. Dear Mike, thanks for all your invaluable insights.

  5. Hey Mike !.. ..I’m standing at the side of my pool in Florida here….
    And I can’t dive in as the water is low…it fills up and goes back
    down…don’t know what to do…maybe I should hike the Grand Canyon
    and come back in a month ?

  6. I love it when the markets go up on the days I am on a date.

    The one yesterday for 22 year old Instagram model cost me $300 at the Stratosphere Hotel

  7. This guy is a manic.

  8. Mike looking at the wrong thing. Fed needs more blood from the market…..as long as rates rise and the fed keeps talking hawkish it will go down. Called a bear market rally, just like the last one that sold off. Also Powell basically said they need unemployment to tick up,.demand destruction. The only question I have is when the fed reverses course…..then I go long

  9. Finance & Economics

    This market is going to have to prove that it can go higher, in the midst of a financial hurricane.

  10. Anyone knows how he views fiscal flows on the daily?

  11. Ricasso Quixote

    I think we see one final push lower than a bottom. Thanks for the fundamental insight Mike. So many haters in the comments lol I have been watching your videos everyday for over a year and think you're brilliant. You are always transparent about your thoughts and if the facts change you change your mind! (as any good trader or investor should). Appreciate the content. 10yr topping..could bring markets up

  12. Christopher Gan

    You think so the market is turning around? Not until the Fed says so by declaring no more rate hikes because inflation has been reigned in and the recession averted. So you're jumping for joy what is essentially a short term upward bound market range in a bear market?

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